Some of the names on the move ahead of the open.» Read More
SEOUL, Oct 2- Samsung Electronics Co Ltd will use Qualcomm Inc's mobile processors for some of its upcoming flagship Galaxy S smartphones, South Korea's Electronic Times reported on Friday citing unnamed industry sources. The paper said Samsung will use Qualcomm's Snapdragon 820 chips for the Galaxy S7 phones, which is expected to launch early next year and...
As fourth-quarter trading started Thursday, CNBC "Fast Money" traders looked for bargains in some recently troubled stocks.
Their losses suggest that even bigger declines will be reported by other hedge funds in the days ahead.
SAN FRANCISCO/ SYDNEY, Sept 25- The iPhone 6 s and 6 s Plus hit stores around the world on Friday, kicking off what is expected to be a record weekend of sales as customers scrambled to buy Apple Inc's marquee product in pink for the first time. Eager buyers- joined by at least one robot- flocked to Apple stores from Sydney to New York and San Francisco, itching to get their...
CNBC "Halftime Report" trader Jon Najarian bought shares of Qualcomm on Friday, after spotting unusual activity in the options market.
*iPhone sales seen getting China boost. SYDNEY/ SAN FRANCISCO, Sept 25- The new iPhone 6 s and 6 s Plus hit stores on Friday, with dozens of people- and a robot- queueing in Sydney to kick off a global sales cycle that will be scrutinized for signs of how much juice Apple Inc's marquee product has left. Among the first to pick up the new iPhone 6 s in a cold, rainy Sydney was a...
Cisco Systems said it would form a joint-venture with Chinese server maker Inspur to sell networking and cloud computing products in China.
BEIJING, Sept 24- Cisco Systems Inc said Thursday it would form a joint-venture with Chinese server maker Inspur to sell networking and cloud computing products in China, where the Silicon Valley firm faces political pressure and declining sales. Cisco and Inspur said they would invest $100 million in the project, although they offered few other details.
Xiaomi announced two prepaid wireless plans to mark its debut as a mobile virtual network operator competing against China's national carriers.
Some of the names on the move ahead of the open.
CNBC Pro reached out to top Wall Street fund managers to find out where they are putting money to work ahead of a potential Fed rate increase.
The Chinese government is asking US tech firms to pledge their commitment to policies that could require them to turn over user data. NYT reports.
*Barnes& Noble falls; sales down for 5th straight quarter. Among Apple's suppliers, Qualcomm shares fell 1.6 percent at $54.32, Skyworks Solutions was down 1.5 percent at $86.42 and Avago Technologies was down 1.5 percent at $127.17. U.S.-traded shares of STMicroelectronics NV fell 6 percent to $7.04.
Paper profits on repurchased stocks has fooled the market. Corporate investment in fixed assets is at its lowest in 60 years.
Although the chipmaker has faced a series of challenges, some investors still see opportunity in the stock.
A stimulus from the Chinese government, even if effective, may not buffer big tech companies like Apple and Cisco from a slowdown in China sales.
With shares of large-capitalization technology companies in correction territory, value and growth investors debate good buys.
The smartphone slowdown is showing up in falling profits for handset makers, as well as sweeping job cuts across the once red-hot sector.
European stock markets closed sharply lower on Wednesday, as investors tried to understand the state of China's economy.
Data from eVestment shows the 20 most widely held stocks in the institutional fund space.